document.write( "Question 1192817: A researcher wishes to estimate, with 90% confidence, the proportion of adults who have high speed internet access. Her estimate must be accurate within 8% of the true proportion. Find the minimum sample size needed, using a prior study that found that 67% of the respondents said they have high speed internet access. \n" ); document.write( "
Algebra.Com's Answer #824739 by math_tutor2020(3817)![]() ![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "At 90% confidence, the z critical value is roughly z = 1.645 \n" ); document.write( "Use a Z table to determine this. \n" ); document.write( "Notice that P(-1.645 < Z < 1.645) = 0.90 approximately.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The prior study says phat = 0.67 is the proportion of people who have high speed internet access (i.e. the 67%) \n" ); document.write( "E = 0.08 due to the desired 8% error. The researcher wants to achieve this error or smaller.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The min sample size needed is... \n" ); document.write( "n = phat*(1-phat)*(z/E)^2 \n" ); document.write( "n = 0.67*(1-0.67)*(1.645/0.08)^2 \n" ); document.write( "n = 93.4847 approximately \n" ); document.write( "n = 94 always round UP to the nearest whole number\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Let's say we didn't round up and instead went with n = 93 (it's tempting because 93.4847 is closer to 93 than it is to 94) \n" ); document.write( "The margin of error would be roughly \n" ); document.write( "E = z*sqrt(phat*(1-phat)/n) \n" ); document.write( "E = 1.645*sqrt(0.67*(1-0.67)/93) \n" ); document.write( "E = 0.0802 \n" ); document.write( "We get an error larger than 8% which isn't what your teacher wants.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "However, if we go with n = 94, then, \n" ); document.write( "E = z*sqrt(phat*(1-phat)/n) \n" ); document.write( "E = 1.645*sqrt(0.67*(1-0.67)/94) \n" ); document.write( "E = 0.0798 \n" ); document.write( "Now the error is under 8% \n" ); document.write( "Likely we won't land *exactly* on 8%, so the next best thing is to get under that value. \n" ); document.write( "The larger n gets, the smaller E will get, and vice versa.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This is why we always round up for minimum sample size problems.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Answer: 94 \n" ); document.write( " \n" ); document.write( " |